Posts Tagged: 1979

Gov’s plan: ‘Rebate’ and ‘sharing the wealth’ are deeply misleading

Paul Gann, center, author of the 1979 initiative governing excess tax revenue, and Howard Jarvis celebrate the passage of Proposition 13. (Photo, June 1978/ AP file)

by JOEL FOX posted 05.12.2021

OPINION: Let’s not confuse Gov. Gavin Newsom’s proposal to provide $12 billion in new stimulus checks with the state’s constitutional mandate to return excess revenues to taxpayers. That seems to be the goal of those who believe taxpayer refunds are a bad idea and are looking for ways to keep a greater part of the newly announced state surplus to spend.

Gov’s recovery plan targets renters, low-income families

Gov. Gavin Newsom shown at an earlier Capitol briefing. (Photo: AP/Rich Pedroncelli)

by JOHN HOWARD posted 05.10.2021

Gov. Gavin Newsom unveiled an unprecedented $100 billion economic recovery package for California that taps state and federal money, while providing a new round of $600 stimulus checks to most Californians and covering missed payments for millions of renters.